Barclays Lowers Church & Dwight (NYSE:CHD) Price Target to $80.00

Church & Dwight (NYSE:CHD) had its price target cut by Barclays from $82.00 to $80.00 in a report published on Friday morning, Benzinga reports. They currently have an underweight rating on the stock.

Several other research analysts also recently weighed in on the company. JPMorgan Chase & Co. cut their price target on Church & Dwight from $98.00 to $97.00 and set an underweight rating for the company in a report on Friday, May 3rd. Evercore ISI increased their price objective on shares of Church & Dwight from $107.00 to $110.00 and gave the stock an in-line rating in a research report on Friday, May 3rd. HSBC increased their target price on Church & Dwight from $110.00 to $114.00 and gave the company a hold rating in a research note on Friday, May 3rd. Argus boosted their price objective on shares of Church & Dwight from $115.00 to $125.00 and gave the stock a buy rating in a report on Tuesday, June 11th. Finally, Oppenheimer raised their price target on shares of Church & Dwight from $110.00 to $120.00 and gave the stock an outperform rating in a research report on Tuesday, April 23rd. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, Church & Dwight has a consensus rating of Hold and an average price target of $106.53.

Church & Dwight Trading Up 0.4 %

Church & Dwight stock opened at $102.61 on Friday. The stock has a 50-day moving average price of $106.05 and a 200 day moving average price of $103.20. Church & Dwight has a 52 week low of $82.25 and a 52 week high of $110.31. The stock has a market cap of $25.09 billion, a PE ratio of 32.57, a P/E/G ratio of 3.35 and a beta of 0.52. The company has a current ratio of 1.33, a quick ratio of 0.82 and a debt-to-equity ratio of 0.54.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Thursday, May 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.10. The company had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.49 billion. Church & Dwight had a net margin of 13.13% and a return on equity of 20.35%. The firm’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period last year, the company earned $0.85 EPS. Equities research analysts predict that Church & Dwight will post 3.46 earnings per share for the current fiscal year.

Church & Dwight Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th were given a dividend of $0.2838 per share. The ex-dividend date was Tuesday, May 14th. This represents a $1.14 annualized dividend and a dividend yield of 1.11%. Church & Dwight’s dividend payout ratio is currently 35.87%.

Insider Buying and Selling

In other Church & Dwight news, CFO Richard A. Dierker sold 86,740 shares of the business’s stock in a transaction dated Friday, June 14th. The shares were sold at an average price of $106.56, for a total transaction of $9,243,014.40. Following the completion of the transaction, the chief financial officer now directly owns 7,634 shares of the company’s stock, valued at approximately $813,479.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, EVP Maynadier Patrick D. De sold 54,654 shares of the stock in a transaction on Friday, June 14th. The stock was sold at an average price of $107.00, for a total value of $5,847,978.00. Following the completion of the transaction, the executive vice president now owns 10,325 shares of the company’s stock, valued at $1,104,775. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Richard A. Dierker sold 86,740 shares of the firm’s stock in a transaction on Friday, June 14th. The shares were sold at an average price of $106.56, for a total value of $9,243,014.40. Following the transaction, the chief financial officer now directly owns 7,634 shares in the company, valued at $813,479.04. The disclosure for this sale can be found here. Insiders have sold a total of 182,346 shares of company stock valued at $19,465,948 in the last quarter. Company insiders own 2.00% of the company’s stock.

Hedge Funds Weigh In On Church & Dwight

Institutional investors and hedge funds have recently bought and sold shares of the stock. Game Plan Financial Advisors LLC bought a new position in shares of Church & Dwight in the first quarter valued at approximately $26,000. Crewe Advisors LLC bought a new stake in shares of Church & Dwight in the 1st quarter worth $28,000. Chilton Capital Management LLC lifted its holdings in shares of Church & Dwight by 50.0% in the fourth quarter. Chilton Capital Management LLC now owns 330 shares of the company’s stock valued at $31,000 after buying an additional 110 shares during the period. Roble Belko & Company Inc bought a new stake in Church & Dwight in the first quarter worth about $31,000. Finally, Creekmur Asset Management LLC acquired a new stake in Church & Dwight in the 4th quarter valued at about $32,000. Institutional investors own 86.60% of the company’s stock.

Church & Dwight Company Profile

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.